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Very Hot Topic (More than 25 Replies) Pandora’s Box: Legalized Sports Betting (Read 356 times)
Queshank
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Re: Pandora’s Box: Legalized Sports Betting
Reply #10 - May 15th, 2018 at 1:25pm
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Wadsworth wrote on May 15th, 2018 at 12:42pm:
Well it will be state sponsored gambling, so you do have a problem with it.


It is?

My understanding is it just opens the door for it being legal.

Perhaps you don't know what I'm referring to.  In my state and a few others, 40% of the proceeds owners of the "video lottery" machines make goes into the state coffers.  Initially it was supposed to fund education as a form of property tax relief.  But of course as governments do it ended up going into the general fund to pay for whatever the government wants whenever.

Our state government advertises and entices our poorest citizens to throw their paychecks at video lottery, despite the poor returns.  They get away with it cuz it's a "lottery" system.  (Imagine if they actually had to pay out??? How would the state make any money?)

https://lottery.sd.gov/games/videolottery/

I don't think that's what the Supreme Court did here.  Are state governments going to be running gambling enterprises like what I'm talking about?  Or is it just about making gambling legal?

Queshank
  

BowHunter wrote on Nov 30th, 2017 at 10:24am:
I am not aware of any article
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Limey.
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Re: Pandora’s Box: Legalized Sports Betting
Reply #11 - May 15th, 2018 at 3:09pm
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Ulysses wrote on May 15th, 2018 at 12:59pm:
I'm surprised nobody has mentioned one of the big downsides: the potential to corrupt sports players, managers, team owners.

It's also rather ... tawdry ... like Trump ...



I mentioned it in post #3.
  

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Maestro
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Re: Pandora’s Box: Legalized Sports Betting
Reply #12 - May 15th, 2018 at 4:51pm
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Jasmine wrote on May 15th, 2018 at 5:29am:
So today the U.S. Supreme Court made a landmark decision that essentially allows states to legalize sports wagering. Until today, only Nevada had legal sports wagering. (Apparently, Congress passed some law prohibiting it years ago, but Nevada was “grandfathered” in.)

Would you like to see sports betting legalized in your state?

I can see the pros of legalizing sports gambling, but I also see the cons. The obvious benefit would be the added revenue it would bring. I read that around $150 billion is illegally wagered on sports every year. The pro-gambling argument is that getting even a slice of that amount would be an economic boon to the state.

I can see why the Supreme Court ruled the way it did. It’s a state rights issue.

But there are inherent dangers to gambling of any kind, and for that reason I hope Hawaii resists the economic temptation of sports betting. Currently, Hawaii is one of only two states that has  no legalized gambling whatsoever. I hope it stays that way.

One more question for you: If a state decides to legalize sports betting, how do you think it would impact local illegal gambling rings?


A. Congress has no authority to ban betting. SCOTUS is right.

B. I don't want much organized gambling in my State (Here's where I duck to avoid having things thrown at me by the Libertarians). Not because I'm opposed to it morally, but because I think it's generally bad for civilization.

C. I'd support a kind of ceiling. I don't want to throw Joe-Sixpack and his buddies in jail for betting five bucks on his team, but I don't want massive Nevada-style betting either.
  



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BowHunter
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Re: Pandora’s Box: Legalized Sports Betting
Reply #13 - May 15th, 2018 at 4:55pm
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Jasmine wrote on May 15th, 2018 at 5:29am:
So today the U.S. Supreme Court made a landmark decision that essentially allows states to legalize sports wagering. Until today, only Nevada had legal sports wagering. (Apparently, Congress passed some law prohibiting it years ago, but Nevada was “grandfathered” in.)

Would you like to see sports betting legalized in your state?

I can see the pros of legalizing sports gambling, but I also see the cons. The obvious benefit would be the added revenue it would bring. I read that around $150 billion is illegally wagered on sports every year. The pro-gambling argument is that getting even a slice of that amount would be an economic boon to the state.

I can see why the Supreme Court ruled the way it did. It’s a state rights issue.

But there are inherent dangers to gambling of any kind, and for that reason I hope Hawaii resists the economic temptation of sports betting. Currently, Hawaii is one of only two states that has  no legalized gambling whatsoever. I hope it stays that way.

One more question for you: If a state decides to legalize sports betting, how do you think it would impact local illegal gambling rings?


Yet, you go on vacation in Las Vegas.
  

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Re: Pandora’s Box: Legalized Sports Betting
Reply #14 - May 15th, 2018 at 5:01pm
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Jasmine wrote on May 15th, 2018 at 5:56am:
Are you referring to addictions and their consequences, Limey? I worry about that, too. Compulsive gambling is a horrible addiction that can destroy families and individuals. In high school, I wrote a paper on the subject and interviewed a recovering compulsive gambler. He said he hopes Hawaii never legalized gambling in any form.


I know one but I told him that he would relapse before long...

"Wanna bet?" was his response to me.
  

When Q hears gallop noises he doesn't think zebras; he thinks there's a Democrat behind a curtain, making gallop noises.
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Jasmine
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Re: Pandora’s Box: Legalized Sports Betting
Reply #15 - May 15th, 2018 at 6:05pm
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BowHunter wrote on May 15th, 2018 at 4:55pm:
Yet, you go on vacation in Las Vegas.

We don't go for the gambling, Bow. Well, at least I don't.

There are concerts to see, sporting events to attend, attractions to check out and new restaurants to try.
  

Mar 13th, 2018 at 11:23am: "I think a #16 seed will upset a #1 seed in the NCAA Tournament."

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Re: Pandora’s Box: Legalized Sports Betting
Reply #16 - May 16th, 2018 at 5:26am
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BowHunter wrote on May 15th, 2018 at 5:01pm:
I know one but I told him that he would relapse before long...

"Wanna bet?" was his response to me.


Tiddy-boom.
  

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Under Communism, it's the exact opposite.
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Re: Pandora’s Box: Legalized Sports Betting
Reply #17 - May 16th, 2018 at 5:27am
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Maestro wrote on May 15th, 2018 at 4:51pm:
A. Congress has no authority to ban betting. SCOTUS is right.

B. I don't want much organized gambling in my State (Here's where I duck to avoid having things thrown at me by the Libertarians). Not because I'm opposed to it morally, but because I think it's generally bad for civilization.

C. I'd support a kind of ceiling. I don't want to throw Joe-Sixpack and his buddies in jail for betting five bucks on his team, but I don't want massive Nevada-style betting either.




You anti-freedom Commie Statist hippy bastard.
  

Under Capitalism, Man exploits Man.

Under Communism, it's the exact opposite.
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Re: Pandora’s Box: Legalized Sports Betting
Reply #18 - May 16th, 2018 at 10:19am
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Queshank wrote on May 15th, 2018 at 1:25pm:
It is?

My understanding is it just opens the door for it being legal.

Perhaps you don't know what I'm referring to.  In my state and a few others, 40% of the proceeds owners of the "video lottery" machines make goes into the state coffers.  Initially it was supposed to fund education as a form of property tax relief.  But of course as governments do it ended up going into the general fund to pay for whatever the government wants whenever.

Our state government advertises and entices our poorest citizens to throw their paychecks at video lottery, despite the poor returns.  They get away with it cuz it's a "lottery" system.  (Imagine if they actually had to pay out??? How would the state make any money?)

https://lottery.sd.gov/games/videolottery/

I don't think that's what the Supreme Court did here.  Are state governments going to be running gambling enterprises like what I'm talking about?  Or is it just about making gambling legal?

Queshank

States will regulate and gain revenue as they do in all state regulated gambling.  What the states do with the revenue is always in question. Regardless weather private owned casinos are involved or not.
  

Jasmine wrote on May 6th, 2018 at 7:43pm:
Yes, I heard about this. Just goes to show McLame’s true loyalties. Hopefully, Trump won’t go to his funeral very, very soon.


TowardLiberty wrote on Mar 29th, 2018 at 8:34pm:
I'll try but it might be beyond my ability. Insulting is "like 90% of what I do here."
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Queshank
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Re: Pandora’s Box: Legalized Sports Betting
Reply #19 - May 16th, 2018 at 11:07am
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Wadsworth wrote on May 16th, 2018 at 10:19am:
States will regulate and gain revenue as they do in all state regulated gambling.  What the states do with the revenue is always in question. Regardless weather private owned casinos are involved or not.


That's an entirely different thing.

In my state, the state literally owns these gambling devices.

Queshank
  

BowHunter wrote on Nov 30th, 2017 at 10:24am:
I am not aware of any article
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